← Tokyo Lifestyle Co., Ltd.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income From Continuing Operations — — — ($8.0m) $7.5m $6.6m $651k
Net Income (Loss) Attributable to Parent $4.9m $5.5m $3.3m ($8.0m) $7.5m $6.6m $717k
Net Income (Loss) Available to Common Stockholders, Basic $4.9m $5.5m $3.3m ($8.0m) $7.5m $6.6m $717k
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest — — — $8.0m — — $651k
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent — — $6.4m $824k — — —
Net Income (Loss) Attributable to Noncontrolling Interest — — — — — — ($65k)
Depreciation and amortization $403k $442k $1.0m $1.2m $1.2m $952k $3.8m
Depreciation, Depletion and Amortization, Nonproduction — — $1.0m $1.2m $1.2m $952k $1.2m
Depreciation $403k $442k $1.0m $1.2m $1.2m $952k $3.8m
Amortization of operating lease right-of-use assets $1.1m $1.2m $1.1m $1.8m $1.7m $2.0m $2.6m
Depreciation Amortization Depletion — — — $3.0m $2.9m $3.0m $3.8m
Deferred Income Tax Expense (Benefit) — — ($122k) $4.8m ($1.8m) ($955k) $1.6m
Deferred tax provision (benefit) ($182k) ($234k) ($122k) $4.8m ($1.8m) ($955k) $1.6m
Deferred Income Tax — — — $4.8m ($1.8m) ($955k) $1.6m
Deferred Tax — — — $4.8m ($1.8m) ($955k) $1.6m
Asset Impairment Charge — — — $150k ($68k) $206k ($92k)
Equity Method Investment, Realized Gain (Loss) on Disposal — — ($146k) $15k $191k — —
Gain (Loss) on Disposition of Property Plant Equipment $1.3m $436k ($36k) ($330k) $713k $178k $2.4m
Income (Loss) from Equity Method Investments — — ($146k) $15k ($69k) ($20k) —
Income Tax Expense (Benefit) — — $2.2m $714k $457k ($1.9m) $3.1m
Interest Expense Nonoperating — — — — — $1.7m $2.0m
Operating Lease, Expense — — — — $2.0m $2.6m $2.8m
Other Nonoperating Income (Expense) — — — — $760k $364k $2.9m
Investment loss (income) from equity method investment — — $146k ($15k) $69k $20k —
Accrued interest expense — — $39k — — $100k $63k
Operating lease liabilities ($1.0m) ($1.4m) ($944k) ($1.8m) ($1.7m) ($2.0m) ($2.5m)
Right of use assets obtained in exchange for operating lease liabilities $2.4m $352k $1.3m $542k $3.1m — $4.7m
Earnings (Loss)es From Equity Investments — — — ($15k) $69k $20k $0
Investment loss from equity method investment — — $146k ($15k) $69k $20k —
Reduction of right-of-use assets and operating lease obligations due to early termination of lease agreement — — $27k — — — $233k
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable — — ($6.2m) $53.8m $24.7m $1.1m $87.3m
Increase (Decrease) in Inventories — — — — ($2.4m) $14k $10.7m
Accounts Receivable, Credit Loss Expense (Reversal) — — ($279k) $3.5m ($2.0m) ($220k) $915k
Accrued capital expenditures — — $2.8m $935k $929k $992k $314k
Foreign Currency Transaction Gain (Loss), before Tax — — — ($3k) $3.1m ($440k) $364k
Foreign Currency Transaction Gain (Loss), Unrealized — — $662k ($282k) $413k $14k $89k
Inventory Write-down — — — $153k ($68k) $62k ($92k)
Nonoperating Income (Expense) — — ($928k) ($8.2m) $2.2m $36k $532k
Operating Costs and Expenses — — $189.4m $140.3m $172.3m $186.2m $345.1m
Operating Expenses — — $222.1m $168.9m $189.9m $205.4m $370.0m
Proceeds from Contributed Capital — — $1.8m $23 — — $160k
Revenue from Contract with Customer, Including Assessed Tax — — — — $6.0m — —
Loss (gain) from unrealized foreign currency translation ($424k) $127k ($662k) $282k ($413k) ($14k) —
Provision for (reversal of) credit losses $603k $609k ($279k) $3.5m ($2.0m) ($220k) $915k
Addition (reversal) of merchandise inventories written down — — — $150k ($68k) $62k ($92k)
Change in fair value of warrants liabilities — — ($369k) ($140k) ($109k) $2.1m ($1.4m)
Accounts receivable ($9.4m) ($7.7m) $6.2m ($53.8m) ($24.7m) ($1.1m) ($87.3m)
Accounts receivable - related parties ($1.1m) ($2.6m) ($3.4m) ($323k) $277k $26k ($5k)
Merchandise inventories ($1.1m) ($5.3m) ($6.1m) $21.3m $2.4m ($14k) ($10.7m)
Compensation receivable for consumption tax — — — ($23.2m) $11.3m $696k —
Prepaid expenses and other current assets ($2.9m) ($1.1m) ($6.9m) $5.6m $949k ($10.8m) ($340k)
Long term prepaid expenses and other non-current assets ($265k) ($766k) ($4.6m) $2.2m $316k $502k $465k
Accounts payable $1.1m $7.8m ($3.0m) $5.3m $13.8m $568k $86.3m
Accounts payable - related parties — $27k $81k ($119k) $300k $2.4m ($2.7m)
Deferred revenue $363k ($351k) ($70k) $50k $35k $8.0m $1.3m
Taxes payable $304k $602k ($1.4m) $17.3m ($7.0m) ($8.9m) $819k
Other payables and other current liabilities $165k ($304k) $2.4m ($1.6m) $1.1m ($282k) $1.2m
Other non-current liabilities $144k $92k $1.2m ($419k) ($239k) ($291k) $5k
Collection of amount due from related parties — $858k ($129k) $189k $399k $9k —
Capital contribution — $1.4m $1.8m $23 — — —
Proceeds from short-term borrowings $260.9m $424.2m $282.2m $78.8m $1.4m $5.8m $19.4m
Repayments of short-term borrowings ($233.3m) ($415.8m) ($302.5m) ($55.5m) ($2.1m) ($1.4m) ($24.2m)
Proceeds from long-term borrowings — $2.8m $16.6m $2.2m — — $14.0m
Repayments of long-term borrowings ($11.4m) ($1.5m) ($1.2m) ($9.8m) ($4.2m) ($204k) ($7.8m)
Payments made to related parties $2.5m $858k ($129k) $104k ($229k) ($15k) —
Repayment of obligations under finance leases ($140k) ($333k) ($408k) ($194k) ($421k) ($177k) ($166k)
Cash at beginning of year $7.5m $16.4m $17.7m $1.8m $2.5m $4.8m $2.1m
Beginning Cash Position — — — $18.3m $1.8m $2.5m $4.8m
Cash Flow From Continuing Financing Activities — — — $12.7m ($1.8m) $4.0m $4.2m
Cash Flow From Continuing Investing Activities — — — ($743k) $2.7m ($964k) $6.1m
Change In Account Payable — — — $5.2m $14.1m $2.9m $83.6m
Change In Income Tax Payable — — — $17.3m ($7.0m) ($8.9m) $819k
Change In Inventory — — — $21.3m $2.4m ($14k) ($10.7m)
Change In Other Current Liabilities — — — ($2.2m) ($2.0m) ($2.3m) ($2.5m)
Change In Other Working Capital — — — $50k $35k $8.0m $1.3m
Change In Payable — — — $20.8m $8.2m ($6.3m) $85.6m
Change In Payables And Accrued Expense — — — $20.8m $8.2m ($6.3m) $85.6m
Change In Prepaid Assets — — — $7.8m $1.3m ($10.3m) $125k
Change In Receivables — — — ($77.4m) ($13.2m) ($352k) ($87.3m)
Change In Tax Payable — — — $17.3m ($7.0m) ($8.9m) $819k
Change In Working Capital — — — ($29.6m) ($3.3m) ($11.2m) ($13.4m)
Changes In Account Receivables — — — ($54.1m) ($24.5m) ($1.0m) ($87.3m)
Changes In Cash — — — ($13.7m) $2.8m $2.4m $41k
End Cash Position — — — $1.8m $2.5m $4.8m $2.1m
Financing Cash Flow — — — $12.7m ($1.8m) $4.0m $4.2m
Free Cash Flow — — — ($26.7m) $983k ($1.6m) ($10.6m)
Gain Loss On Investment Securities — — — ($140k) ($109k) $2.1m ($1.4m)
Gain Loss On Sale Of Business — — — $0 ($191k) $0 $0
Gain Loss On Sale Of PPE — — — $330k ($713k) ($178k) ($2.4m)
Investing Cash Flow — — — ($743k) $2.7m ($964k) $6.1m
Issuance Of Capital Stock — — — $0 $3.7m $29k $0
Net Business Purchase And Sale — — — $0 $140k ($20k) $0
Net Foreign Currency Exchange Gain Loss — — — $282k ($413k) ($14k) ($89k)
Net PPE Purchase And Sale — — — ($932k) $2.2m ($953k) $6.7m
Operating Gains Losses — — — $458k ($1.4m) $1.9m ($3.9m)
Other Non Cash Items — — $39k — — $100k $134k
Provisionand Write Offof Assets — — — $3.5m ($2.0m) ($220k) $915k
Purchase Of Business — — — $0 ($172k) ($20k) $0
Purchase Of PPE — — — ($935k) ($929k) ($992k) ($314k)
Sale Of Business — — — $0 $311k $0 $0
Sale Of PPE — — — $3k $3.1m $39k $7.0m
Gain from unrealized foreign currency translation ($424k) $127k ($662k) $282k ($413k) ($14k) ($89k)
Net used in provided by (used in) operating activities ($7.6m) ($3.4m) ($12.3m) ($25.7m) $1.9m ($599k) ($10.3m)
Repayments of loans to related parties — — — — $399k $9k $24k
Capital contribution from non-controlling shareholders — $1.4m $1.8m $23 — — $160k
Proceeds from (repayments of) related parties borrowings $2.5m $858k ($129k) $104k ($229k) ($15k) $3.4m
Net Cash Provided by (Used in) Operating Activities ($7.6m) ($3.4m) ($12.3m) ($25.7m) $1.9m ($599k) ($10.3m)
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $528k $144k $2.8m $935k $929k $992k ($314k)
Net Investment Purchase And Sale — — — — $0 $0 ($602k)
Purchase Of Investment — — — — $0 $0 ($602k)
Gain (Loss) on Sale of Investments — — — — $191k — —
Net Other Investing Changes — — — $189k $399k $9k $24k
Net cash (used in) provided by investing activities ($3.3m) $1.8m ($2.9m) ($743k) $2.7m ($964k) —
Net Cash Provided by (Used in) Investing Activities ($3.3m) $1.8m ($2.9m) ($743k) $2.7m ($964k) $6.1m
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt — — — $2.2m — — $14.0m
Issuance Of Debt — — — $81.0m $1.4m $5.8m $33.4m
Long Term Debt Issuance — — — $2.2m $0 $0 $14.0m
Net Issuance Payments Of Debt — — — $15.5m ($5.3m) $4.0m $1.3m
Net Long Term Debt Issuance — — — ($7.8m) ($4.6m) ($381k) $6.1m
Net Short Term Debt Issuance — — — $23.3m ($692k) $4.3m ($4.8m)
Short Term Debt Issuance — — — $78.8m $1.4m $5.8m $19.4m
Repayments of Long-term Debt — — $1.2m — $4.2m $204k $7.8m
Long Term Debt Payments — — — ($10.0m) ($4.6m) ($381k) ($7.9m)
Repayment Of Debt — — — ($65.5m) ($6.7m) ($1.8m) ($32.2m)
Short Term Debt Payments — — — ($55.5m) ($2.1m) ($1.4m) ($24.2m)
Common Stock Issuance — — — $0 $3.7m $29k $0
Net Common Stock Issuance — — — $0 $3.7m $29k $0
Cash Dividends Paid — — — — $0 $0 ($531k)
Common Stock Dividend Paid — — — — $0 $0 ($531k)
Dividends paid — — — — — — $1
Payments of Dividends — — — — — — $1
Net Other Financing Charges — — — ($2.7m) ($229k) ($15k) $3.5m
Net Cash Provided by (Used in) Financing Activities $16.2m $11.1m $18.3m $12.7m ($1.8m) $4.0m $4.2m
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — — ($2.8m) ($2.1m) ($61k) ($2.7m)
Effect of exchange rate fluctuation on cash $85k ($607k) ($1.9m) ($2.8m) ($2.1m) ($61k) ($2.7m)
Effect Of Exchange Rate Changes — — — ($2.8m) ($2.1m) ($61k) ($2.7m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — $1.3m ($16.5m) $709k $2.3m ($2.7m)
Net increase (decrease) in cash $5.3m $8.9m $1.3m ($16.5m) $709k $2.3m ($2.7m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — — $17.7m $1.8m $2.5m $4.8m $2.1m
Supplemental disclosure of cash flow information:
Change In Cash Supplemental As Reported — — — ($16.5m) $709k $2.3m ($2.7m)
Interest Paid, Excluding Capitalized Interest, Operating Activities $1.1m $666k $779k $1.1m $798k $1.1m $1.6m
Income Taxes Paid, Net $2.6m $2.9m $3.7m $434k $880k $4.2m $873k

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.